Daimler Truck Half-Year Report 2024

Highlights

• Significant decline in unit sales in the first half of 2024 and the second quarter of 2024, Group revenue slightly below the prior year level
• Group-EBIT in the first half of 2024 of €2,207 million and in the second quarter of 2024 of €1,076 million, burdened by a special item of minus €120 million from the full impairment of the equity-investment carrying amount of BFDA due to the negative effects of the current market and economic situation in China
• Adjusted Group-EBIT in the first half of 2024 of €2,378 million, slightly below the prior year level and €1,168 million in the second quarter of 2024, significantly below the prior year level
• Net profit in the first half of 2024 of €1,636 million, slightly below the prior year level, in the second quarter of 2024 of €789 million, significantly below the previous year’s figure
• Free cash flow of the Industrial Business in the first half of 2024 of €928 million, significantly above the prior year level, but that of the second quarter 2024 of minus €285 million was significantly below prior year level